Commodity Manager
If you’re looking for a special place to build or grow your career, you’ve found it. Whether you’re an experienced professional, a recent college graduate or somewhere in between, IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact.
With interesting opportunities in engineering, marketing, sales, supply chain, operations, HR, finance, and more across more than 40 diverse businesses () around the globe, chances are, we have something special for you.
The Commodity Manager is responsible for developing, prioritizing, and executing short and long-term sourcing initiatives that reduce supply chain complexity and drive supplier delivery and quality improvement.
Job Description :
Responsible for negotiating and managing suppliers to achieve quality, delivery, and cost targets within respective commodities
Utilize 80 / 20 mindset to develop and execute commodity strategies aimed at achieving targeted improvements in cost savings, on-time delivery, quality, and lead times.
Manage existing supply base to continually improve performance.
Monitor and understand current suppliers and economic conditions to effectively mitigate risk.
Negotiate contracts and terms with suppliers of assigned commodities ensuring that the best total cost is realized.
Maintain ownership of supplier relationships, including performance monitoring
Assist in site tactical procurement escalations, reconciliations and reporting as required.
Execute strategies to align with business growth and new product introductions.
Perform other duties as required.
Required Education and Experience
Bachelor's Degree in Supply Chain, Business, Engineering related field
3+ years of experience related to procurement in a manufacturing or industrial environment
Well-versed in the procurement of goods and services, preferably chemicals and / or compounds and indirect experience a plus.
Experience in the development and implementation of business strategies
Preferred Education and Experience
MBA or advanced degree
CPSM or CSCP certification
Experience with Six Sigma and Lean Tools
Commodity experience in electronics and / or castings highly preferred
Additional Eligibility Qualifications
Strong business and financial acumen
Experience in the development, negotiation and implementation of contracts and deployment of supply chain processes and best practices for an organization of a similar size and scope
Demonstrated experience in influencing, developing and motivating people from diverse backgrounds; able to lead cross-functional business teams
Demonstrated people leadership skills; developing direct reports and others
Working knowledge of ERP applications
Working knowledge of quality systems, lean and continuous improvement processes, and project management processes
Thorough knowledge and application of budgeting, financial analysis and cost control practices
Work Environment
Exposure to manufacturing environment. Noise level may vary from moderate office environment to noisy / loud in the plant area.
Proper use of safety equipment such as steel-toed shoes, goggles, safety glasses, gloves, apron and face shield must be observed.
Travel
Up to 25%
Are you ready to join a different kind of company where our people, our culture, and our commitments are centered around providing trusted solutions that improve lives around the world?